Baystreet Staff - Friday, July 10, 2020 Inflation, Manufacturing Figures Out Next Week Monday U.S. Economic Lookahead Federal Budget (June) Featured Earnings PepsiCo (NASDAQ:PEP) (Q2) EPS estimates of $1.25, compared to $1.54 in the prior-year quarter. TuesdayU.S. Economic Lookahead Consumer Price Index (June) Featured Earnings Citigroup Inc. (NYSE:C) (Q2) EPS estimates of 49 cents, compared to $1.83 in the prior-year quarter. Delta Air Lines Inc. (NYSE:DAL) (Q2) EPS estimates for loss of $4.36, compared to a gain of $2.35 in the prior-year quarter. Fastenal Company (NASDAQ:FAST) (Q2) EPS estimates of 35 cents, compared to 36 cents in the prior-year quarter. First Republic Bank (NYSE: FRC) (Q2) EPS estimates of $1.21, compared to $1.24 in the prior-year quarter. Canada Featured Earnings Trilogy Metals Inc. (TSX:TMQ) (Q2) EPS estimates for loss of one cent, compared to a loss of five cents in the prior-year quarter. WednesdayU.S. Economic Lookahead Import Prices (June) Industrial Production (June) EIA Crude Oil Stocks Change (July 9) Beige Book Featured Earnings Alcoa Corporation (NYSE:AA) (Q2) EPS estimates for loss of 72 cents, compared to a loss of one cent in the prior-year quarter. Goldman Sachs Group Inc. (NYSE:GS) (Q2) EPS estimates of $3.81, compared to $5.84 in the prior-year quarter. PNC Financial Services Group Inc. (NYSE:PNC) (Q2) EPS estimates for $1.13 compared to $2.88 in the prior-year quarter. UnitedHealth Group Incorporated (NYSE:UNH) (Q2) EPS estimates for $5.00, compared to $3.60 in the prior-year quarter. Canada Economic Lookahead CREA Stats (June) National home sales rose 56.9% on a month-over-month basis in May. Actual (not seasonally-adjusted) activity was still down 39.8% year-over-year.Monthly Survey of Manufacturing (May) Manufacturing sales fell by a record 28.5% to $36.4 billion in April, following a 9.8% decline in March.Bank of Canada Rate Announcement (about 10 a.m. EDT) Featured Earnings Cogeco Communications Inc. (TSX:CCA) (Q3) EPS estimates of $1.79, compared to a loss of five cents in the prior-year quarter. Theratechnologies Inc. (TSX:TH) (Q2) EPS estimates of one cent, compared to a loss of six cents in the prior-year quarter.Thursday U.S. Economic lookahead Weekly jobless claims (to July 10) Retail Sales (June) NAHB Home Builders’ Index (July) Business Inventories (May) Featured Earnings Bank of America Corporation (NYSE:BAC) (Q2) EPS estimates of 30 cents, compared to 74 cents in the prior-year quarter. Domino's Pizza Inc (NYSE:DPZ) (Q2) EPS estimates of $2.24, compared to $2.19 in the prior-year quarter. Johnson & Johnson (NYSE:JNJ) (Q2) EPS estimates of $1.46, compared to $2.58 in the prior-year quarter. Canada Economic lookahead Canada’s International Transactions in Securities (May) Foreign investment in Canadian securities reached a record-high of $49.0 billion in April, all in debt securities. Meanwhile, Canadian divestment in foreign securities eased considerably to $134 million.Friday U.S. Economic Lookahead Housing Starts (June) Building Permits (June) Consumer Sentiment Index (July) Featured Earnings Ally Financial Inc. (NYSE:ALLY) (Q2) EPS estimates of 31 cents, compared to $97 cents in the prior-year quarter. BlackRock Inc. (NYSE:BLK) (Q2) EPS estimates of $6.57, compared to $6.41 in the prior-year quarter. Citizens Financial Group Inc. (NYSE:CFG) (Q2) EPS estimates of eight cents, compared to 96 cents in the prior-year quarter. Canada Economic Lookahead Wholesale Trade (May) Wholesale sales plummeted an unprecedented 21.6% to $49.8 billion in April, the lowest level since July 2013.
